Purdue Pharma files for bankruptcy

The bankruptcy filing comes just days after the company behind OxyContin reached a tentative settlement with several state and local governments.
0:26 | 09/16/19

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Transcript for Purdue Pharma files for bankruptcy
New developments involving Purdue Pharma the company that made billions telling the prescription painkiller killer. OxyContin has now filed for bankruptcy. This comes of course just days after reaching a tentative settlement with many of the state and local governments suing it. Over the whole of both feel it's that's element expected to be worth billions. But this legal battle is far from over about half of the states suing have not signed on to that settlement rabbit like he's had far from Rupert a case asserted.

This transcript has been automatically generated and may not be 100% accurate.

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